You are here: Home > Steel News > Latest Steel News > Mexican...

Mexican media outs Chinese steelmaker trying to circumvent CRC duties

Wednesday, 08 July 2015 01:52:36 (GMT+3)   |  
       

After the Mexican government applied AD measures on Chinese CRC imports, a Chinese seller said it could change the "origin" of the products it sells to Malaysia, as a way to avoid the duties on the foreign product, according to media reports this week.

China's Topcar Global Forwarding Co reportedly made the offer to a Mexican company, which asked media to keep its identity anonymous.

According to Topcar's proposal, which was obtained by Mexican news outlet Milenio, the product would be sent to Malaysia for a short period of time, so the product's origin could be changed. Later, the product would head to Mexico "free" of the AD duties imposed on CRC imports.

The Chinese exporter said in the proposal it has already obtained “a lot of successful cases in Mexico” with steel and other products.


Similar articles

US CRC exports up 0.7 percent in September from August

14 Nov | Steel News

Flat steel prices in local Taiwanese market - week 46, 2024

14 Nov | Flats and Slab

Turkish flat steel spot prices soften further as mills reduce HRC prices

14 Nov | Flats and Slab

Turkey’s CRC imports down 14.2 percent in January-September

14 Nov | Steel News

Ex-China CRC offer prices down slightly due to lower local and futures prices

13 Nov | Flats and Slab

UK launches safeguard discontinuation review for cold rolled flat steel products

13 Nov | Steel News

Coated and CRC prices in Turkey pulled down by low demand, weak HRC prices

12 Nov | Flats and Slab

Tosyalı-Toyo starts trial production at tin production capacity increase project

12 Nov | Steel News

Baosteel keeps its HRC price stable for December

12 Nov | Flats and Slab

US steel exports down 11.3 percent in September from August

12 Nov | Steel News